Used primarily as an emollient and thickening agent in cosmetics and personal care products, such as lipsticks, creams, and lotions, it helps to soften and smooth the skin while providing a non-greasy feel. In industrial applications, it serves as a lubricant and mold release agent due to its stability and resistance to high temperatures. It is also utilized in the production of waxes, polishes, and coatings, providing water repellency and enhancing durability. Additionally, it acts as a plasticizer in certain polymers, improving flexibility and workability.